Condominium with roof terrace
Schlesischer Ring 6 b, 45894 Buer, Nordrhein-Westfalen
Up for auction: a single apartment inside the building
Court notices and appraisals are published in German by the local court. Original wording is shown unchanged.
Appraised value
€243,000
Auction date
2 February 2027
09:30
Appraised value
€243,000
Minimum bid: below €121,500 (50% of the appraised value, five tenths in the wording of the statute) the court cannot award the property. Below €170,100 (70%, seven tenths) a party to the proceedings, a bank for instance, can block it.
Auction date
2 February 2027 · 09:30
Local court
Auction venue
Amtsgericht Gelsenkirchen, Hauptgebäude, Bochumer Straße 79, 45886 Gelsenkirchen, Etage 2, Sitzungssaal 202
Case number
0005 K 0123/2024
Next steps
Tuesday, 26 January 2027
- €24,300 (10% of the appraised market value)
- By bank transfer to the court cash office
- The court must have the money before the auction starts
Alternative: a crossed cheque or a bank guarantee at the hearing (§ 69 ZVG)
Tuesday, 2 February 2027
- 09:30
- Amtsgericht Gelsenkirchen in Nordrhein-Westfalen
approx. March 2027
The court sets the deadline, roughly 6 weeks after the award
Documents
Official court records, free to download.
Klaava Pro reads them for you: condition, defects, land register and valuation.
The ZVG portal only serves case pages inside its own site, so this route goes through Klaava.
The data comes from zvg-portal.de, the official portal of the German federal states.
Closing costs
Bid amount
State
Total investment
€182,410
€170,000 purchase price + €12,410 closing costs
10% of the appraised market value (§ 68 ZVG). You lodge it before the auction date. On award it counts towards your bid, otherwise you get it back. That is why it sits outside the total above.
No estate agent, no notarised purchase contract. Saving against a normal purchase approx. €8,619 (~5.1%)
Estimates. They create no legal claim.
Key facts
Property type
Eigentumswohnung
Living area
74 m²
Price per m²
€3,284
Year built
2013
Rooms
2
Occupancy
Let
Town
45894 Buer
Property description
This loft apartment is located in the recessed second building section on a private cul-de-sac away from the Schlesischer Ring in the Buer district, an area the expert assesses as a medium to good residential location around one kilometre from the centre of Buer. The detached multi-family house, built in 2013, has two storeys with a converted loft and is divided into six condominiums.
The roughly 74 m² apartment No. 5 comprises living, dining and cooking in one open-plan area, one bedroom, a bathroom and a separate WC as well as two terraces, and also includes two cellar rooms and a right of sole use (Sondernutzungsrecht) to a garage parking space. The apartment is currently let, at 920 euros per month all-inclusive according to the tenant, which after deduction of ancillary costs is below the local comparative rent.
The building and the apartment are in a well-maintained, continuously upkept condition; minor water stains on the kitchen ceiling and slight paint damage to doors were classified by the expert as minor. No major modernisation has so far been required, which offers buyers a manageable investment risk.
Klaava Pro
What Pro adds for this property
- 2 findings from the appraisal
- Valuation: Income approach, Property yield rate
- 5 entries in section II, meaning encumbrances and restrictions
- 2 units with floor area, actual rent and market rent
- Energy: Final energy consumption, Heating type, Energy source
- More key facts: Remaining useful life and 2 more
- 12 more photos of this property
Official property description
The court’s wording
Laut Wertgutachten handelt es sich um eine Eigentumswohnung nebst Stellplatz im Dachgeschoss in einem II-geschossigen Mehrfamilienhaus mit ausgebautem Dachgeschoss und unterkellert, Baujahr: 2013. In dem Haus befinden sich insgesamt 6 Eigentumswohnungen. Das Haus ist gut gepflegt. Das Treppenhaus sowie die Eigentumswohnung sind barrierearm zu erreichen. Es gibt einen Aufzug.
Wohnung Nr. 5:
- Dachgeschoss rechts
- rd. 74 m² Wfl.
- 2 Zimmer- Küche-Bad- separates WC
- 2 Terassen
- vermietet (Stand Gutachten).
Es liegen Eintragungen im Altlastenkaster sowie im Baulastenverzeichnis (bzgl. BV 2 im Grundbuch) vor (vgl. hierzu insbesondere S. 12, 14 und 15 des Gutachtens).
Es wird die Einsichtnahme in das Gutachten angeraten!
English translation
According to the valuation report, this is a condominium including a parking space in the loft of a II-storey multi-family house with a converted loft and basement, year of construction: 2013. The house contains a total of 6 condominiums. The house is well maintained. The staircase and the condominium are accessible with low barriers. There is a lift.
Apartment No. 5:
- Loft, right
- approx. 74 m² living area
- 2 rooms, kitchen, bathroom, separate WC
- 2 terraces
- let (as at the valuation report).
Entries exist in the contaminated sites register (Altlastenkataster) as well as in the register of building encumbrances (Baulastenverzeichnis) (regarding BV 2 in the land register) (see in particular pp. 12, 14 and 15 of the report).
Inspection of the report is recommended!
Wording of the local court, taken from the official auction notice.
All information is given without warranty. The information shown was extracted automatically from official documents using AI and can be incomplete or wrong. Klaava accepts no liability for decisions made on the basis of this data. Only the official notices of the competent local court and the valuation report are authoritative.
What the surveyor's report says
Findings of the surveyor · 2 findings
- Interior fit-out (2)
Read out of the market value report written by the court-appointed surveyor.
